Latest AM Best Headlines
All the headlines from our AM Best Topic Page, ordered by recency.
A.M. Best Affirms ‘A-‘ Rating of Corifrance
Aug 1 2003 // A.M. Best Co. has affirmed the A- (Excellent) financial strength rating of Corifrance (France). The rating reflects Corifrance’s excellent capitalization and improving operating performance. An offsetting factor...
A.M. Best Assigns Rating to Transmonde Services Co.
Jul 25 2003 // A.M. Best Co. has assigned an initial financial strength rating of A- (Excellent) to Transmonde Services Insurance Company Ltd., Bermuda. The outlook is stable. The rating reflects the company’s strong level of...
A.M. Best Assigns ‘A+’ Rating to Nichido Ins. Co.
Jul 23 2003 // A.M. Best Co. has assigned an initial financial strength rating of “A+” (Superior) to Nichido Insurance Company (Pacific) Limited, (Nichido Pacific), Guam. The outlook is negative. Satisfying A.M. Best’s...
A.M. Best Downgrades Wasatch Crest Mutual Rating
Jul 21 2003 // A.M. Best Co. has downgraded the financial strength rating to E (Under Regulatory Supervision) from C++ (Marginal) of Wasatch Crest Mutual Insurance Company (WCM). The rating reflects the Utah Insurance Department’s...
A.M. Best Affirms Rating of Royal Bank of Canada Insurance
Jul 21 2003 // A.M. Best Co. has affirmed the financial strength rating of A (Excellent) of Royal Bank of Canada Insurance Company Ltd., (RBCI) (St. Michael, Barbados). The rating has a stable outlook. The rating for RBCI reflects its...
A.M. Best Affirms Rating of Lloyd’s of London
Jul 18 2003 // A.M. Best Co. has affirmed the financial strength rating of “A-” (Excellent) of Lloyd’s of London. The outlook remains stable. The rating reflects Lloyd’s maintenance of an excellent business...
A.M. Best Upgrades Rating of Gerling Canada Insurance Co.
Jul 11 2003 // A.M. Best Co. has upgraded the financial strength rating to A (Excellent) from A- (Excellent) of Gerling Canada Insurance Company (Ontario), which will be known as GCAN Insurance Company in the near future. The rating...
A.M. Best Affirms Rating of Seguros Inbursa SA
Jul 11 2003 // A.M. Best Co. has affirmed the financial strength rating of A (Excellent) of Seguros Inbursa SA (Mexico). The rating outlook is stable. The rating is attributable to Seguros Inbursa’s solid financial strength,...
A.M. Best Affirms ‘A’ Rating of Mapfre Re
Jul 8 2003 // A.M. Best Co. announced that it has affirmed the financial strength rating of A (Excellent) of the U.S.-based Mapfre Reinsurance Corporation (MRC) (Florham Park, NJ), with a stable outlook. “The rating is based on...
A.M. Best Assigns ‘A-‘ Rating to James River Insurance Co.
Jul 7 2003 // A.M. Best Co. has assigned an initial financial strength rating of A- (Excellent) to James River Insurance Company (James River) (Wilmington, Del.). The rating outlook is stable. The company is the insurance subsidiary of...
A.M. Best Affirms Goshawk Re ‘A-‘ Rating
Jul 2 2003 // A.M. Best Co. announced that it has affirmed the financial strength rating of A- (Excellent) of Bermuda-based Goshawk Reinsurance Limited with a stable outlook. “The rating affirmation reflects the company’s...
A.M. Best Assigns Rating to Underwriters Reinsurance Co.
Jul 2 2003 // A.M. Best Co. has assigned a financial strength rating of A (Excellent) to Underwriters Reinsurance Company (URC) (New Hampshire), soon to be renamed RSUI Indemnity Company. The rating outlook is stable. The rating action...
Best Upgrades Markel Int’l, Lloyd’s Syndicate 3000 Ratings to ‘A-‘
Jul 1 2003 // A.M. Best Co. announced that it has upgraded the financial strength rating to A- (Excellent) from B++ (Very Good) of the U.K.-basedarkel International Insurance Company Ltd (MIIC), has also assigned a Best’s...
A.M. Best Upholds ‘Excellent’ Rating Of CAP-MPT
Jun 30 2003 // The A.M. Best Company has upheld its rating of “A” (Excellent) to the Cooperative of American Physicians Inc. – Mutual Protection Trust (CAP-MPT), a provider of medical professional liability protection...
A.M. Best Upgrades AmTrust to ‘A-‘
Jun 30 2003 // A.M. Best Co. has upgraded its rating of Beachwood, Ohio-based AmTrust Group (AG), which focuses on workers’ compensation for smaller employers, to “A-” (Excellent) based on a quantitative and qualitative...
Best Downgrades Employers Re
Jun 30 2003 // A.M. Best Co. has downgraded the financial strength ratings to “A” (Excellent) from “A+” (Superior) of Overland Park, Kan.-based Employers Reinsurance Corp. and its affiliated domestic and...
A.M. Best Affirms Rating of ING Canada
Jun 27 2003 // A.M. Best Co. has affirmed the financial strength rating of A+ (Superior) of ING Canada (Toronto). The group, which operates under a pooling arrangement, consists of Belair Insurance Company Inc., ING Insurance Company of...
A.M. Best Downgrades Rating of Gulf Group
Jun 26 2003 // A.M. Best Co. has downgraded the financial strength rating to A (Excellent) from A+ (Superior) of the Gulf Insurance Group (Hartford, Conn.). The rating outlook is stable. This rating action reflects the group’s...
A.M. Best Assigns Initial Rating to Oriental Fire and Marine
Jun 25 2003 // A.M. Best Co. has assigned an initial financial strength rating of B++ (Very Good) to Oriental Fire and Marine Insurance Company Ltd (OFMI), South Korea. The outlook is stable. The rating reflects OFMI’s strong...
Employers Ins. Co. of Nevada Receives Best ‘A-‘ Rating
Jun 24 2003 // Employers Insurance Company of Nevada, A Mutual Company (EICN) announced that it has received an “A- (Excellent)” rating from A.M. Best Company. “Today is an historic day in the continuing evolution of...
